It has been fashionable lately to do some head scratching over Facebook’s acquisition of Instagram, which we now know came just weeks before the social network released a camera app of its own that looked a lot like, well, Instagram. But there’s an argument to be made that Facebook owes no apologies to its shareholders. Maybe CEO Mark Zuckerberg’s move to buy Instagram was borderline brilliant.
Writing for TheStreet.com, Rocco Pendola compares the acquisition to a
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